The properties on this web site come in part from the Broker Reciprocity Program of Member MLS's of the Michigan Regional Information Center LLC. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2018 Michigan Regional Information Center, LLC. All rights reserved.

Excellent turn key rental business firmly established by long term local owner. He's ready to retire so these well maintained buildings are ready for you to take over. Mechanicals are newer, vinyl siding, private paved off street parking and continually updated apartments. 254 3rd Street is a single family home. 256-258 3rd Street is a 3-unit building and 260-264 3rd Street is another 3-unit. 4 units have washers and dryers and all have newer ranges, refrigerators and microwaves. 3 baths new in just the last year. Nice yard, tall trees and Morton park next door make these apartments desirable. Income per month is $3735.00 with tenants paying their own utilities. Instant cash flow! Other properties also available if you want to invest on an larger scale and have an instant rental business.

Price

Sold Price:$250,000Sold Date:03/31/2017

Subdivision: City Of Manistee

County:
Manistee

Sq ft:6,444 (approx)

#: 15051472

Status: Closed

Listing Information

Property Type: Business Opportunities, Other

Lot Size:0.52 Acres

Square Feet:6,444 (approx)

Price per Sq. Ft.:$40.19

Year Built:1900

Subdivision:City Of Manistee

Water:Public Water Service

Sewer:Public Sewer

Available Utilities:Cable TV, Electric, Natural Gas, Telephone

Neighborhood

School Information

District: Manistee

Middle:PT LOT 2 COM 30 RDS 13 FT S & 2 RDS 3 INT CEN LI >

Room Information

Interior Features

Heating:Gas Heat, Hot Water

Exterior / Lot Features

Pool:None

Lot Dimensions:132 x 181

Zoning:R-2

Additional Exterior/Lot Features:Paved Road, Public Roads, Acreage

Driving Directions

US-31 in Manistee to Third Street. East on Third Street to Sibben Street. Located on corner of Sibben and Third Streets. Note: One seller is a real estate broker in the State of Michigan.

Financial Considerations

Tax/Property ID:
515151227509

Tax Amount:$6,359

Tax Year:
2015

Listing Price History

Manistee Real Estate

Manistee is located in Michigan.
Manistee, Michigan 49660 has a population of 6,084.

The median household income in Manistee, Michigan 49660 is
$35,587.
The median household income for the surrounding county is $40,408
compared to the national median of $53,482.
The median age of people living in Manistee 49660 is
43.9 years.

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Courtesy: Marjorie Zaccanelli - CENTURY 21 Boardwalk

The properties on this web site come in part from the Broker Reciprocity Program of Member MLS's of the Michigan Regional Information Center LLC. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2018 Michigan Regional Information Center, LLC. All rights reserved.

This content last refreshed on 2/17/2018 10:05 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.